PIMCO Low Sortino Ratio
| PLDI Etf | | | CAD 18.68 0.05 0.27% |
This technical indicator view for Sortino Ratio organizes signals for PIMCO Low Duration and comparable instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context. Use
Your Equity Center to better understand diversified portfolio construction. Clearer exposure analysis supports long-term portfolio balance. This suggests a position in PIMCO Low Duration in the portfolio view. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in metropolitan statistical area.
PIMCO Low Duration has current Sortino Ratio of 0.1765. The Sortino ratio measures the risk-adjusted return of an investment asset, portfolio or strategy. It is a special subset of the Sharpe ratio but penalizes only those returns falling below a user-specified target, or the required rate of return, while the Sharpe ratio penalizes both upside and downside volatility equally. Though both ratios measure an investment risk-adjusted returns, they do so in significantly different ways that will frequently lead to differing conclusions as the true nature of the investment return-generating efficiency.
Sortino Ratio | = | ER[a] - ER[b]DD |
| = | 0.1765 | |
| ER[a] | = | Expected return on investing in PIMCO Low |
| ER[b] | = | Expected return on market index or selected benchmark |
| DD | = | Downside Deviation |
PIMCO Low Sortino Ratio Peers Comparison
PIMCO Sortino Ratio Relative To Other Indicators
PIMCO Low Duration lands at
#2 in sortino ratio against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
9.68 in Maximum Drawdown for each unit of Sortino Ratio. The spread between Maximum Drawdown and Sortino Ratio for PIMCO Low Duration sits at
9.68 The Sortino ratio is named after Frank A. Sortino and can be interpreted as the actual rate of return in excess of the investor target rate of return per unit of downside risk
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